Beaumont, TX vs Laredo, TX

Beaumont, TX and Laredo, TX have a very similar cost of living, with only a 1.4% difference in their overall index. Beaumont scores 77 while Laredo scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Beaumont is $1,072/month compared to $1,001/month in Laredo — a 7% difference. Interestingly, home values tell a different story: while Laredo has cheaper rent, Beaumont actually has lower median home values ($158,800 vs $182,400).

Median household income in Beaumont is $57,530 compared to $63,264 in Laredo (-9.1%). Laredo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beaumont spend roughly 22.4% of their income on rent, more than the 19% in Laredo.